South Korean chip maker SK Hynix jumps 13% on Nasdaq in record $26.5 billion U.S. listing
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SK Hynix, a south korean chip maker, made its debut on the nasdaq, with its shares rising nearly 13%. The company's listing was reportedly the largest of its kind, with some outlets citing a $26.5 billion us listing and others mentioning a $28 billion us share offering. The debut was a success, but the company's south korean shares had a different performance, sinking over 15% on the same day.
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